Property photo 1
28 Beds
14 Baths
11,234 sqft

$6,900,000

3043 Potrero Avenue, El Monte CA, 91733

Price per sqft$614.21
Built in1963
Property size11,234 sqft
Property typeResidential
Bought with Adam Corleto with Maywood Property Group and Listed by Nicholas Hayner CA DRE# 02090908 with Maywood Property Group 310-650-9696

Overview

Sold

Closed

Listed Apr 1, 2025

Updated Jun 19

This rare 14-unit multifamily investment is packed with potential, offering all two- bedroom / one-bath units, an ideal mix given the property's proximity to multiple schools, making it especially attractive to renters. Located in the growing submarket of El Monte, where average rents continue to rise despite broader market softening, this asset presents a compelling value-add opportunity.Each unit features in-unit washer and dryer hookups and individual water heaters, a rarity for a property of this vintage. With no local rent control, investors have a clear path to unlocking over 33% rental upsidebefore even factoring in additional revenue from RUBS and potential ADU additions.The property also offers ample parking with 12 covered spaces, 6 single-car garages, and 10 striped surface spots, adding to its tenant appeal. With strong rental growth trends and significant upside potential, this is a prime investment opportunity in one of the San Gabriel Valley's most promising submarkets.

Additional information

MLS® ID
25521025

Interior Features

Bedrooms
28
Bathrooms
14
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.46 Acres

Other Property Details

Garage
Yes
55+/Senior Community
No
MLS provider logo

Bought with Adam Corleto with Maywood Property Group and Listed by Nicholas Hayner CA DRE# 02090908 with Maywood Property Group 310-650-9696

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 6/19/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 6/19/2026 at 1:45 PM UTC Last Checked: 1:45 PM UTC

 

 

Powered by Luxury Presence